Swapping stock for bonds: a perspective for utilities

Journal Article · Thu Feb 18 04:00:00 EST 1982 · Public Util. Fortn.; (United States)

OSTI ID:5714088

Meyer, A H; Jetmore, J M

The stock-for-debt exchange has been making financial news lately. This article asserts that there may be a wide gap between the economic benefits, if any, of a swap and the substantial accounting profit which it provides. The authors propose a method for evaluating the basic economics of such an exchange and go on to explore how a swap might affect ratepayers and shareholders. 1 table.

• OSTI ID: 5714088
• Journal Information: Public Util. Fortn.; (United States), Journal Name: Public Util. Fortn.; (United States) Vol. 109:4; ISSN PUFNA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320603 -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Public Utilities-- (1980-)
ACCOUNTING
ECONOMIC ANALYSIS
ECONOMICS
ELECTRIC UTILITIES
EVALUATION
FINANCING
PUBLIC UTILITIES